Australia Financial News

18.09 / 07:55

ETH BTC MicroStrategy Bitcoin Bitcoin: Merge renders ETH less of a cryptocurrency as per this BTC maximalist

Bitcoin [BTC] maximalist and Microstrategy board chairman Michael Saylor recently said that the Ethereum [ETH] Merge meant BTC was going to be stronger. Bloomberg reported that Saylor made that statement while attending an Australian conference. According to him, moving from Proof-of-Work (PoW) to Proof-of-Stake (PoS) renders ETH less of a crypto asset. Saylor said,

17.09 / 11:25

Adoption MicroStrategy proof-of-work Bitcoin Bitcoin better than physical property for commoners, says Michael Saylor

MicroStrategy CEO and Bitcoin (BTC) advocate Michael Saylor doubled down on his support for Bitcoin as he explained the issues related to transferring the value of physical properties such as gold, company stocks or equity and real estate during the Australia Crypto Convention.

16.09 / 06:43

Blockchain Gaming NOT Gamers want fun, not a grind fest for tokens — Animoca subsidiary

Blockchain-based games need to spend more time actually being “fun to play” rather than developing flashy tokenomics, an Animoca Brand-owned blockchain game developer told Cointelegraph.

16.09 / 04:49

business Blockchain Ethereum proof-of-work 'Green ETH' narrative to drive investment and adoption, says pundits

The shedding of Ethereum’s energy-intensive proof-of-work (PoW) system is expected to see Ether (ETH) “flow into the institutional world,” according to a number of fund managers and co-founders.

15.09 / 02:17

Australia’s second-largest fund manager First Sentier hunts for deals in UK and Europe

First Sentier, Australia’s second-largest asset manager behind Macquarie, is on the hunt for acquisitions in the UK and Europe as part of a plan to build its footprint outside its home market.

14.09 / 07:39

UPS Provident Digital Institutional investors headed for a tipping point on crypto — Apollo Capital

Henrik Andersson, CIO of crypto asset fund manager Apollo Capital believes institutions may soon “flip” on their conservative stance towards crypto.

13.09 / 18:49

Digital ETF SEC Bitcoin Chamber of Digital Commerce bats for Bitcoin ETF as SEC…

To protect the interests of investors in the United States, the crypto advocacy group Chamber of Digital Commerce urged the Securities and Exchange Commission, or SEC, to approve applications for Bitcoin exchange-traded funds (ETFs).

12.09 / 23:53

UPS Digital Bitcoin Should institutions worry about the crypto-winter? State Street says…

According to banking behemoth State Street, global asset managers are unfazed by the ongoing cryptocurrency “winter.” In what has been nicknamed a “crypto-winter,” the prices of cryptocurrencies have fallen on the back of interest rate increases. In fact, Bitcoin has depreciated by more than 50% since January.

12.09 / 21:55

Blockchain Digital AXY Infinity Metaverse, Web3 games are doing better than you think

Web3-based games and Metaverse projects have raised $748 million since August 1, 2022, according to research by DappRadar. In August, 847,000 Unique Active Wallets (UAW) per day on average participated in blockchain games – An 11% decrease from July.

12.09 / 21:43

regulation SEC Bitcoin Etf Time Chamber of Digital Commerce says 'the time has come' for the SEC to approve a Bitcoin ETF

The crypto advocacy group Chamber of Digital Commerce called on the Securities and Exchange Commission, or SEC, to approve applications for Bitcoin exchange-traded funds (ETFs) in the interests of United States-based investors.

12.09 / 15:29

Dash Platform Huobi Monero privacy coins regulatory Huobi to delist Monero and other privacy coins, citing regulatory pressures

Cryptocurrency exchange Huobi will delist seven different privacy coins from its platform as regulatory pressure mounts on anonymity-enhanced currencies (AECs).

12.09 / 09:55

UPS Action Валюта AUD Crypto scams Lost Aussies already lost $242M to investment and crypto scams in 2022

Australians have continued getting duped by investment and crypto-related scams, losing 242.5 million Australian dollars to scammers so far in 2022, according to Scamwatch’s latest data.

12.09 / 08:33

Blockchain Digital ETF Bitcoin State Street: Institutional investors undeterred by crypto winter

Institutional investors are unfazed by the current crypto winter and have maintained their interest in blockchain and digital assets according to megabank State Street.

12.09 / 08:21

Sweden election: Right-wing bloc edges ahead, but final result could take days

The final results of Sweden's general election might not be known until Wednesday, according to authorities, as a too-close-to-call count overnight from Sunday into Monday meant advance votes and overseas ballots will all need to be tallied.

11.09 / 22:33

Queen Elizabeth II exit Sweden's left-wing coalition in slight lead after Sunday election, exit polls show

Sweden's ruling left-wing Social Democrats won the most votes in the country's general election Sunday, while a right-wing populist party had its best showing yet, exit polls showed.

10.09 / 02:07

Blockchain UPS BTC Bitcoin Tony Abbott Prime Minister of Australia 2013-2015 with Harrison Grafanakis

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09.09 / 14:31

European Union Queen Elizabeth II Royal Family Police, passports and postboxes: What does the Queen's death change?

From the national anthem to banknotes and stamps to passports, many material changes will kick in following the death of Queen Elizabeth II and the accession of Charles III.

08.09 / 16:41

business Blockchain Investments Gaming Animoca confirms $110M round led by Temasek, plans new acquisitions

Animoca Brands, a major player in the metaverse and blockchain gaming, has officially disclosed details of a funding round led by Singapore's state-owned investor Temasek.

06.09 / 22:23

Blockchain Target FIVE Australian How Australian police is combating criminals through cryptocurrency

The Australian Federal Police (AFP) formed a new cryptocurrency unit to focus on crypto-related transactions,reported The Australian Financial Review. The step is in line with the policy of Australian law enforcement to monitor crypto-related transactions closely.

06.09 / 13:01

Citi CEO PwC Move-to-earn App STEPN to Land in Hong Kong's Cyberport

Move-to-earn app STEPN announced that is opening an office in Hong Kong despite COVID-19 restrictions and a tough regulatory environment.

06.09 / 11:59

Government Adoption Bitcoin foreign Australian Australian Treasury consults public on Bitcoin foreign currency tax exclusion

Australia’s ministerial department of Treasury reached out to the public to seek consultation regarding draft legislation that would exclude cryptocurrencies from being taxed as a foreign currency if passed.

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